PYMNTS

MARCH 7, 2018

B2B FinTechs are playing an especially prominent role in this trend, analysts noted. Anecdotally, these firms have been talking for years about the industry’s potential to make significant disruptions in areas like corporate finance, small and medium-sized business (SMB) lending and more. “We

B2B 52

B2B B2C Finance Management Consulting 52

PYMNTS

OCTOBER 5, 2017

In corporate finance, automation changed the game. Robotics process automation (RPA) is a recent favorite among some B2B FinTechs. Speaking with PYMNTS, Kryon CEO Harel Tayeb explained why robotics process automation has such vast potential in B2B payments. Automation initiated this capability for many organizations. “We

B2B 43

B2B Corporate Finance Accounting Auditing 43

PYMNTS

JANUARY 2, 2020

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances.

Auditing 52

Auditing Corporate Finance Finance Invoicing 52

PYMNTS

SEPTEMBER 24, 2018

Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S. A research firm has discovered that the number of material accounting mistakes made by U.S.

Numbers 68

Numbers Accounting Accounting Principles Corporate Finance 68

PYMNTS

SEPTEMBER 29, 2020

As a provider of back-office financial technology, it's vital to speak with chief finance officer (CFO) and finance executive end-users about what they need and which friction points are giving them the most pain. 1, they want to accelerate the transformation of how work gets done," Gupta told PYMNTS in an interview.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Invoicing Corporate Finance 59

PYMNTS

JUNE 11, 2020

In the near term, corporates are looking to mitigate the negative impacts stemming from the global pandemic; in the longer-term, they’re seeking reliable forecasts to plan for a future in a market in which certainty remains painfully low. “All of this has come into play in the last couple of months.”

Economics 77

Economics Accounting Auditing Forecasting 77

PYMNTS

OCTOBER 7, 2019

The technology also continuously audits payroll data to identify any potential inaccuracies from dropped files, calculation mishaps or human errors. Virtual assistants are a growing technology not only in corporations, but also in corporate finance functions.

Analyzing Data 46

Analyzing Data Auditing Corporate Finance Leverage 46

PYMNTS

AUGUST 21, 2018

auditing giant KPMG was hit with yet another fine from the nation’s Financial Reporting Council (FRC). million in fines for its audits of Ted Baker in 2013 and 2014 after the company admitted misconduct to the FRC. Reports in Bloomberg said KPMG was hit with $2.7 “This would help the process of making changes to the U.K.

Auditing 40

Auditing Financial Reporting Accounting Finance 40

PYMNTS

NOVEMBER 26, 2018

The researchers examined executive pay as a risk factor because auditing standards include executive compensation in their risk assessment and prior research. Twelve percent of companies analyzed had at least one C-level executive with prior audit experience , either as a partner or manager of a public accounting firm.

Financial Reporting 51

Financial Reporting Accounting Auditing Accounting Firms 51

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

SEPTEMBER 25, 2018

Enhanced data security and analytics are at the top of chief financial officers’ priority lists among both private and public companies, according to new data from auditing and advisory service provider Protiviti.

Prioritization 67

Prioritization Corporate Finance Education Finance 67

PYMNTS

JUNE 1, 2017

We often see the accountancy and audit function has a key role,” said NICE Actimize Global Director of its newly created Anti-Bribery and Corruption business Micah Willbrand in a statement. “In But at least a third of the identification of these bribery and corruption schemes in corporations comes from audit and accountancy.”. “As

Auditing 40

Auditing Financial Systems Analyzing Data Entertainment 40

PYMNTS

DECEMBER 12, 2019

Securities and Exchange Commission is turning its attention to a lack of transparency within corporates’ investor disclosures as more businesses use supply chain financing. Reports in Bloomberg Tax this week said SEC Corporation Finance Deputy Chief Accountant Lindsay McCord spoke Tuesday (Dec.

Finance 58

Finance Accounting Standards Auditing Corporate Finance 58

PYMNTS

JUNE 14, 2017

In its Financial Complexity Index 2017 report, TMF Group examined 94 jurisdictions in Europe, the Middle East, the Americas, Asia Pacific and Africa, diving into how various regulations change and how those changes might affect corporate finance.

Compliance 58

Compliance Marketing Currencies Auditing 58

PYMNTS

SEPTEMBER 26, 2018

The initial coin offering (ICO) has emerged as a corporate financing trend just as volatile as many of the cryptocurrencies themselves. Genesis plans to offer a “full suite of treasury management services,” including audit and tax reporting, investment management, and custody and liquidity services for the industry.

Treasury 65

Treasury Startups Auditing Corporate Finance 65

PYMNTS

NOVEMBER 15, 2018

As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments. Analysts point to the challenges associated with adoption and implementation of blockchain-powered B2B payment solutions as a key hurdle for the technology.

B2B 74

B2B Cash Flow Forecasting Corporate Finance Forecasting 74

PYMNTS

JANUARY 20, 2021

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. Manual invoicing is your worst enemy,” said Ramachandran, highlighting its risks and challenges related to fraud, errors and inefficient auditing.

B2B 125

B2B Prioritization Invoicing Corporate Finance 125

PYMNTS

FEBRUARY 14, 2019

Previous research from PwC found that nearly half of 3,000 corporate finance executives were still in the assessment phase of adopting the new accounting standards, which will go into full effect for public companies in 2021. “All of this information can then be used to negotiate better terms going forward.”

Accounting Standards 46

Accounting Standards Compliance Accounting Auditing 46

PYMNTS

NOVEMBER 5, 2018

s auditing market as some policymakers have called on the government to break up the nation’s Big Four accounting firms. The body has recently issued record fines against companies it has investigated in the wake of that criticism.

Financial Reporting 51

Financial Reporting Construction Auditing Accounting 51

PYMNTS

MAY 12, 2016

Money controllers also said AP is plagued with the most paper and described the department as “laborious” — more so than accounts receivable, payroll and other corporate finance functions. Beyond exceptions, a lack of visibility means friction in addressing supplier inquiries, auditing and budgeting.

Accounts Payable 40

Accounts Payable Invoicing Accounting Auditing 40

PYMNTS

JUNE 21, 2016

Only the PCAOB Audit Standards and U.S. With maintaining cash flow cited by 43 percent of businesses as their top concern, the survey results may suggest that regulation hitting these financial institutions has made it more difficult for companies to access the financial tools they need to grow.

Economics 40

Economics Compliance Finance Auditing 40

PYMNTS

MARCH 6, 2019

Yet, corporate finance especially is “operating, more or less, the same [way] it has for 20 years prior. Across treasury and supply chain efforts, Rodrigues noted, blockchain can help improve risk management through three major points: data redundancy, auditability and smart-contract permissions.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

JANUARY 10, 2019

Today, external auditors and accountants are facing rising pressure to mitigate risk amid market volatility, with analysts pointing to increased auditing fees last year as accounting standards tighten. Auditors are embracing automation to mitigate against the risks of errors and non-compliance, the Wall Street Journal reported last month.

Finance 74

Finance Risk Management Auditing Accounting Standards 74

PYMNTS

JANUARY 26, 2018

But as companies like FloQast keep up with the ever-changing needs of their corporate customers, these solutions have to also keep pace with changes in the broader corporate finance market. and elsewhere, for instance, are guiding the evolution of the corporate accounting and close market, Feinstein noted. “But

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47